Government spending and the real exchange rate: a cross-country perspective

There is no consensus about the economic implications of real exchange rate (RER) misalignments. Some authors argue that keeping the real exchange rate away from its equilibrium level creates distortions in the relative prices of tradable and nontradable goods generating misleading signals to econom...

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Détails bibliographiques
Auteurs principaux: Caputo, Rodrigo, Fuentes D., Miguel
Format: Artículo
Langue:eng
Publié: Banco Central de Chile 2019
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Accès en ligne:https://hdl.handle.net/20.500.12580/3890
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